The COVID-19 pandemic ravaged the world, inflicting severe blows upon Europe and the United States. Consequently, prolonged shutdowns and halted production occurred, causing certain textile orders to be rerouted to China. This redirection inadvertently spurred the growth of China's textile industry. The advancement of this industry is intricately tied to textile machinery, which is now progressing towards an intelligent phase of development in China. Moreover, manufacturing processes are gradually transitioning to embrace "smart manufacturing."

Current State of the Textile Industry

In 2020, China's textile enterprises above a certain size experienced a 2.6% decline in industrial-added value compared to the previous year. Within this sector, the textile industry witnessed a modest 0.7% increase, while chemical fiber manufacturing saw a 2.2% year-on-year growth. However, the textile, clothing, and apparel industry faced a significant setback with a 9.0% decline. Nevertheless, the demand for epidemic prevention materials drove a substantial 54.1% year-on-year increase in the industrial-added value of industrial-use textiles among larger enterprises. Additionally, the production of non-woven fabrics rose by 15.8% year-on-year.

textile machinery

In terms of financial performance, the above-designated-size textile enterprises recorded an operating income of 4.5191 trillion yuan in 2020, reflecting an 8.8% year-on-year decrease. The total profit amounted to 206.5 billion yuan, experiencing a 6.4% decline compared to the previous year.

China's textile and clothing exports reached 291.2 billion US dollars in 2020, nearing historical highs and marking a 9.6% year-on-year increase. This growth was primarily driven by the export of epidemic prevention materials, which led to a notable 29.2% year-on-year increase in textile exports. However, the clothing exports faced a 6.4% year-on-year decline due to the adverse effects of the pandemic on major overseas markets.

The scale-above textile machinery enterprises in China witnessed a 5.3% year-on-year increase in total assets, amounting to 107.23 billion yuan.

Based on data provided by the China Textile Machinery Association, scale-above textile machinery enterprises in China experienced a 10.1% year-on-year decrease in operating income, totaling 81.952 billion yuan in 2019. Furthermore, the total profits of these enterprises amounted to 5.867 billion yuan, marking a 14.1% year-on-year decline.

In recent years, China's textile machinery industry has consistently maintained import and export amounts in the range of 3-4 billion US dollars. In 2019, the export amount of China's textile machinery reached 3.783 billion US dollars, showing a 3.2% year-on-year increase. Conversely, the import amount of China's textile machinery stood at 3.333 billion US dollars, experiencing a 10.4% year-on-year decrease.

China's textile machinery manufacturing industry has evolved into a vital sector with a comprehensive range of offerings, catering to the needs of the textile industry while possessing independent research and development capabilities. The market size of China's textile machinery industry in 2019 amounted to 78.85 billion yuan, representing a 13.9% year-on-year decrease.

These figures highlight the ongoing robust growth of China's textile industry, demonstrating substantial potential for future development. This progress can be attributed to the continuous technological advancements and process enhancements in textile machinery.

With a rich heritage of 50 years in the textile machinery industry, SUNTECH Textile Machinery has leveraged its technical expertise and experience to integrate intelligent equipment into their research and development endeavors. SUNTECH Textile Machinery is renowned globally for its outstanding reputation, marked by high customer satisfaction and strong word-of-mouth, owing to its range of intelligently designed and manufactured equipment. This includes the intelligent mask machine, melt-blown machine, spunbond non-woven fabric machine, melt-blown non-woven fabric machine, fabric inspection machine, packaging machine, fabric inspection and packaging line, among others.

SUNTECH Textile Machinery has dedicated itself to delivering top-tier textile machinery of the highest caliber since its establishment. With a focus on meeting the diverse needs of its international clientele, all of SUNTECH's textile machinery is exported beyond China's borders. The company's product portfolio consists of two primary categories: the STelego and the fabric make-up machines series. Through years of technological innovation, SUNTECH has earned widespread acclaim from customers worldwide for the exceptional reliability and productivity of its products. Notably, their flagship offering, the ST-BS (Beam Stacker), holds a prominent position as a market leader in the industry.